April 12 (Bloomberg) -- Hungary will hold on to the 16
percent flat personal income tax system and keep in place
regulations requiring a two-third parliamentary majority to
change the levy, Magyar Nemzet reported, citing a government
official.

Neither the European Union nor the International Monetary
Fund have requested that Hungary scrap regulations on the flat
tax system in exchange for starting bailout negotiations, the
Budapest-based daily said, citing Adam Balog, deputy state
secretary at the Economy Ministry.